Technology Highlights

High Performance / High TPS Blockchain

The popular blockchain represented by Ethereum has a low transaction processing capacity, which seriously hinders the development of blockchain. A high performance/high concurrency blockchain will bring leaps and bounds to the whole blockchain industry. The IBAX network is as fast as 4 seconds a block and transaction processing up to 3000 TPS. With the improvement of hardware, the TPS can theoretically reach 10000 times in the case of unsliced.

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technological innovation

Database + Block storage mode

Use the high storage and high concurrency performance of PostgreSQL database to store system parameters in data tables, and use database engines such as views, indexes and stored procedures to improve data reading and writing ability.

"The IBAX team is composed of a group of technology geeks with innovative spirit. We never 'follow the rules and stick to the rules', but constantly comprehensively adopt existing or our innovative technologies to improve the overall performance of the ibax chain."
Stuart Nichols IBAX CEO

High Capacity Storage

Maximum block storage capacity up to 64M bytes

The high storage capacity not only supports the storage of numbers and texts, but also supports the on-chain storage of data in various formats such as pictures and applications. This leaves plenty of room for future expansion of NFT.

We believe that the future NFT is not only a picture, but also various forms of data including code.


Multiple node types

Honor Node

Honor nodes are the most important part of the IBAX public network. They are responsible for the block packaging of the entire IBAX network and receive packaging rewards. We use a reputation mechanism, which can effectively reduce the impact of failed nodes, so it is called "Honor Node".

Any mint node that has reached the Combined Computing Power size and meets the Total Amount of Staking will have the opportunity to become an "Honor Node", the total amount of mint node computing power and collateral is one of the prerequisites, to run the "Honor Node" it is also necessary to meet the hardware requirements of the servers. The IBAX network has an integrated hardware monitoring system that allows instant monitoring of the hardware operating environment of the honor nodes.


Multiple node types

Guardian Nodes

As a witness of eco-data and a store of eco-content, the eco-guardian nodes proactively request the synchronisation of eco-data in the IBAX network.

Eco-Guardian Nodes are candidates for Honor Node and can initiate a vote to become an Honor Node if the hardware conditions and pledging conditions are met, and can become an Honor Node once the vote is approved.


Multiple node types

Mint Nodes

The mint node is a distributed network service node in the IBAX network, which provides the function of token minting for the whole network and has the responsibility of guarding network security and improving the cost of network attacks.

The reward mechanism for mint nodes is essential to maintain the stability of the IBAX platform, and we use a probabilistic algorithm that is both simple and practical: mint probability = mint node arithmetic / network-wide arithmetic. Over time, the probability of each mint node receiving a reward is consistent, and this approach helps maintain the stability of the mint nodes.

The Mint nodes running around the world not only serve as mining incentive nodes for maintaining network security, but also stand on their own as distributed servers and provide decentralized services for various ecoLibs (ecological libraries), such as decentralized social tools, decentralized web services, etc.


Multiple node types

Sub nodes

The sub-node is the first of its kind in the entire blockchain world. It only keeps the data of transactions related to its own ecoLib application module, while the full amount of data is handled by honor nodes, guardian nodes and mint nodes. In addition, sub-nodes can also interact with "private data " to ensure the privacy, security and flexibility of transactions.

Sub-nodes can only keep data of transactions related to their own ecological applications, and they can also execute their own independent ecology (ecoLib) separate from other node networks, so we also call them - side chains.


Multiple node types

Cross-Ledger Base (CLB) node

CLB is a node independent of the IBAX network, and at the same time has the function of an Oracle.

CLB runs as an independent node without affecting the performance of the master node, and can be flexibly configured for CLB performance and deployment according to business requirements, with independent smart contracts, operation interfaces and database tables, etc.

CLB is designed to meet cross-chain, CLB comes with data reading function and smart contract asset locking and conversion, so that external assets become assets within the IBAX ecosystem, CLB can also process and format conversion of data to be used by the IBAX network.


More features of IBAX

Create your blockchain project

Fast BaaS (Blockchain as a Service) system support, one-click to complete the project release, provide one-click coin issuance function, let your project go live easily